Time Appliances LLP
About Time Appliances LLP
Data last updated:
Time Appliances LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 April 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAD-7474. Its GSTIN is 27AAKFT0814F1ZB (Maharashtra).
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Prashant Manilal Gala and Jasmine Paresh Gala.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 605 Vihan Building Near Jawahar Nagar Phatak Opp. Nutan Chemical Compound, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹6.36 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹4.06 Lakh (net margin 63.8%) and EBITDA of ₹1.64 Lakh (EBITDA margin 25.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 3% over five years.
As per MCA filings, the LLP has satisfied charges of ₹4.65 Cr on record. Court records list 4 cases involving the LLP, including 4 filed by the LLP; 4 cases are pending.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address605 Vihan Building Near Jawahar Nagar Phatak Opp. Nutan Chemical Compound, Mumbai, Maharashtra, India – 400063
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Time Appliances LLP FY 2025 filings available
Time Appliances LLP reported revenue of ₹6.36 Lakh (down 91% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Time Appliances LLP
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 91% fall in the latest year. EBITDA fell 57% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Time Appliances LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹6.36 Lakh | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹4.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Time Appliances LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 63.8% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Time Appliances are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Time Appliances LLP
Time Appliances has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Manilal Gala Also directs: Boss Appliances LLP | Designated Partner | 22 Apr 2018 | 8 Years 5 Months | Current |
| Jasmine Paresh Gala | Designated Partner | 10 Apr 2015 | 11 Years 5 Months | Current |
Ownership and Shareholding of Time Appliances LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Time Appliances LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2015 | Hdfc Bank Limited | ₹4.65 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Time Appliances LLP
Time Appliances LLP has 4 court cases on record: 4 filed by Time Appliances. All cases are pending. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (COMIP) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CRR) | Filed by the company against an individual | Pending |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Time Appliances LLP
Employment history and EPFO contributions of people linked to Time Appliances.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Time Appliances LLP
Time Appliances LLP has 4 designated partner changes on record since 2015: 3 appointments and 1 cessation. The latest: Damyanti Manilal Gala was appointed as Partner on 22 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Time Appliances LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Time Appliances LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Time Appliances LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Time Appliances LLP
Time Appliances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKFT0814F1ZB | Maharashtra | Active | 20 Jan 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Time Appliances LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Time Appliances LLP
Time Appliances is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 April 2015 (11+ years old) and is registered under LLPIN AAD-7474.
Time Appliances reported revenue of ₹6.36 Lakh for FY 2021 (down 91% YoY).
Time Appliances has 2 current designated partners:
- Prashant Manilal Gala - Designated Partner
- Jasmine Paresh Gala - Designated Partner
Time Appliances reported a net profit of ₹4.06 Lakh (net margin 63.8%) and EBITDA of ₹1.64 Lakh (EBITDA margin 25.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Time Appliances is -15% over three years and -3% over five years. In the latest year (FY 2021) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Time Appliances is 27AAKFT0814F1ZB, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Time Appliances is AAD-7474. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Time Appliances has 4 court cases on record: 4 filed by the LLP. 4 are pending.
Time Appliances was incorporated on 10 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Damyanti Manilal Gala was appointed as Partner on 22 Apr 2018. Manilal Virji Gala ceased to be Designated Partner on 22 Apr 2018. Prashant Manilal Gala was appointed as Designated Partner on 22 Apr 2018. Time Appliances has 4 designated partner changes on record in total.